They don't even own a computer let alone know how to use the Internet.

Next, institutional types, broker/dealers have pools of investors, reserves to tap into to conduct business, they are "built to trade" they command they yield offered.Ma and Pa note holders, sold the farm and carried a note back, they have also been collecting payments, paying their tax guy to send out 1099s, compute tax on the principal, take phone calls if the borrower thinks they might be late one month (a good borrower or they just wait) they know one of the borrowers lost a job, now they are shaking if the place has to be taken with them out of town now.

My ideal scenario would be to own a small investment company with a partner that holds a few mid-sized rental properties for baseline income, and supplements this with a few high-profit flips every year to help grow the rental portfolio and pay for lifestyle upgrades, vacations, etc.My formal education is an Electrical Design engineer, and for the past 10 years I've worked for large companies designing complex electronic (computer) circuits for things like Medical Devices, LED lighting, etc.

House definitely not in Dumont, or anywhere in Bergen County North of Route 4 for that matter, lol.Parth Patel Zillow is a computer program, not a live person using concrete data to evaluate a property.

Additionally, I am reading through the UBG and will be checking out the links (as long as my government computer is working). 

You would set your monthly "profit" and the computer does the math to calculate a purchase price that gives you that monthly "profit".Keep looking for a deal that fits your model (or change your model).Good Luck!

Tons of things can be rectified easily over the phone.Reminds me of the old school IT help desks scripts: "OK, Sir, you say your computer is not booting up properly.

If you use private investing to fund the 25% down payment and secure seller financing or traditional bank financing for the rest how do you compute the IRR? 

Is there a specific reason that you would prefer cloud over a desktop version?

So it's time I get this ball rolling.I have a background in computer science and work as an online marketer.